Bloomberg
Summers on the Current State of the Economy
Former US Treasury Secretary Lawrence H. Summers explains why the US economy is still hard to read and why the Fed has difficult choices ahead.
Bloomberg
Summers: Still Looking at a 'Hard to Read Economy'
Former US Treasury Secretary Lawrence Summers comments on the current state of the US economy during an interview with David Westin on "Wall Street Week Daily."
Follow Bloomberg for business news & analysis, up-to-the-minute market...
Bloomberg
Zombie Companies
Sonja Gibbs, Head of Sustainable Finance Institute of International Finance discusses the cause and effect of zombie companies, and weighs in on how companies can renegotiate debt. She also dives into the challenges facing emerging and...
Bloomberg
Green Energy Transition: Biodiversity Finance
BloombergNEF estimates that the global economy could plunge by $2.7T in seven years, due to biodiversity loss. That would also impact food security and disrupt supply chains. BNEF's sustainable agriculture analyst Hugh Bromley explains....
Bloomberg
Milken Doesn't See Deeper Troubles in Financial System
"It's interest-rate losses, it's not credit losses, that are rolling through." Michael Milken, founder of the Milken Institute, shares his views on the banking crisis and the bond market. He speaks with Haslinda Amin on "Bloomberg...
Bloomberg
Bank Crisis to Cause Systemic 'Ripples': Morgan Stanley
Morgan Stanley Wealth Management CIO Lisa Shalett comments on what a credit contraction might mean for the US economy during an interview with Jonathan Ferro on "Bloomberg The Open."
Follow Bloomberg for business news & analysis,...
Bloomberg
PGIM's Collins Sees 100Bps Wider High-Yield Spreads
Michael Collins, senior portfolio manager at PGIM Fixed Income, says the spreads in high-yield credit are likely to widen as corporate defaults rise. "We think as a shop that credit spreads will probably probably should push 100 basis...
Bloomberg
Bank of Italy Governor Ignazio Visco Full Interview
Bank of Italy governor and European Central Bank Governing Council member Ignazio Visco discusses inflation, monetary policy and risks to financial stability. He talks with Francine Lacqua on "Bloomberg Markets: European Open."
Bloomberg
Apollo to Hire India Credit Chief
Private equity giant Apollo Global Management Inc. is recruiting a leader for its credit team in India on expectations its debt market will grow as companies look for new funding avenues. Menaka Doshi and Preeti Singh report on Bloomberg...
Bloomberg
Blackstone's Gray on First-Quarter, Real Estate, Private Credit
Blackstone Group Inc. President Jonathan Gray discusses the firm's first-quarter performance, outlook for real estate, and private credit strategy on "Bloomberg Surveillance."
Bloomberg
The US Debt Ceiling Makes No Sense: Opinion
Bloomberg Opinion contributor Kyla Scanlon says the US debt ceiling debate makes no sense.
Bloomberg
El-Erian Sees a Credit Contraction, Not a Credit Crunch
Mohamed El-Erian, a Bloomberg Opinion columnist, says the distribution effects of the current credit contraction will unfortunately hit small businesses harder than big businesses during an interview with Jonathan Ferro on "Bloomberg The...
Bloomberg
States Well-Positioned for Recession, Fitch's Kim Says
"States generally are in a solid position to deal with the downturn we expect to come," Eric Kim, Fitch Ratings senior director and head of state government ratings, says on "Bloomberg Markets: The Close."
Follow Bloomberg for business...
Bloomberg
The Risk of Zombie Companies as Rates Rise
Sonja Gibbs, Institute of International Finance Head of Sustainable Finance discusses the cause and effect of zombie companies.  She speaks with David Westin on "Wall Street Week Daily."
Follow Bloomberg for business news & analysis,...
Bloomberg
More Pain Ahead for Bank Stocks: Morgan Stanley's Skelly
Daniel Skelly, Morgan Stanley's head of wealth management, market research and strategy, says he's "relatively cautious" on banks during an interview with Jonathan Ferro on "Bloomberg The Open."
Follow Bloomberg for business news &...
Bloomberg
El-Erian Worried Banking 'Cancer' Starting to Spread
Mohamed El-Erian, a Bloomberg Opinion columnist, says the US is in "phase two" of the banking crisis and warns that the financial system lacks "anchors" right now during an interview with Jonathan Ferro on "Bloomberg The Open."...
Bloomberg
First Look With Surveillance: Fed Flags, SBB Slumps
Anna Edwards and Kriti Gupta take you through what to watch today.
Bloomberg
Why BlackRock Is Betting on Private Markets
BlackRock is shaking up its alternatives business as the firm seeks to build more focused teams for private credit and direct equity strategies. Sri Natarajan has more on "Bloomberg Markets: The Close."
Follow Bloomberg for business...
Bloomberg
Blue-Chip Names are Winning: Hyman
Ann Berry, Threadneedle Founder & Managing Partner discusses the deals market. She speaks with David Westin and Romaine Bostick on "Wall Street Week Daily."
Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
Bloomberg
Why Marathon's Richards Sees 'Golden Era' for Credit
Marathon Asset Management CEO Bruce Richards says lending to "good companies that will make it through" the distressed-debt cycle he sees will drive the "best returns we'll see in a generation." He speaks on "Bloomberg Markets."
Follow...
Bloomberg
Barclays Asia Pacific's Chang on China's Economy
Barclays Asia Pacific's Chief China Economist Jian Chang discusses China's April trade data and her outlook on the broader economy. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
Bloomberg
UBS Analyst on Recent Frenzy Over China banks
May Yan, Head of Greater China Financials IB Research at UBS, says she still sees upside for large China bank stocks, after a recent trading frenzy sent the CSI 300 Financials Index to its highest level since April 2022. She speaks with...
Bloomberg
Australian Shadow Treasurer on Budget Surplus
Australian Shadow Treasurer Angus Taylor discusses the country's budget surplus and outlook for the economy. He speaks with Bloomberg's Paul Allen on "Bloomberg Daybreak: Asia."
Bloomberg
Turnaround Specialist Etlin Expects Retail Debt Shakeout
Holly Etlin, a partner at AlixPartners and interim CFO at Bed Bath & Beyond, discusses the state of distressed debt in the retail industry with Scarlet Fu and Romaine Bostick on "Bloomberg Markets: The Close."
Follow Bloomberg for...